What is the primary purpose of an Accounting Information System (AIS)?, To replace accountants, To collect, process, and report accounting information, To increase tax payments, To eliminate internal controls, Which of the following best describes AIS?, A single accounting software, A manual bookkeeping method, An integrated system of people, procedures, and technology, A financial statement, Which users mainly rely on Management Accounting Information Systems?, Tax authorities, Investors, External auditors, Internal managers, Which of the following is an objective of AIS?, Reducing employee salaries, Providing accurate and reliable information, Avoiding accounting standards, Eliminating audits, Source documents in AIS include:, Financial statements, Audit opinions, Invoices and receipts, Budgets, Which component of AIS defines how data are collected and processed?, Software, Procedures and instructions, Hardware, Outputs, Which AIS component is responsible for calculations and classifications?, People, Data, Software, Internal control, What is the main focus of Financial Accounting Information Systems?, Internal decision-making, Cost reduction, External reporting, Fraud detection, Which type of AIS is mainly used for budgeting and performance evaluation?, Tax Accounting System, Financial Accounting System, Management Accounting System, Cloud Accounting System, What is the first stage of transaction processing in AIS?, Data storage, Output generation, Business event occurrence, Data processing, Input controls are designed to:, Generate financial statements, Protect hardware, C. Ensure data accuracy and completeness, Approve financial reports, What ensures traceability of transactions in AIS?, Budgets, Audit trails, Financial ratios, Cash flows, Which control prevents one employee from completing all stages of a transaction?, Authorization control, Segregation of duties, Backup control, Output control, General controls mainly relate to:, Specific transactions, Individual invoices, The overall AIS environment, Financial statements only, Which of the following is an example of an application control?, A. Disaster recovery plan, B. Access control, C. Input validation check, D. Change management, Fraud risk in AIS is increased when:, Automation is used, Segregation of duties is weak, Reports are generated timely, Controls are embedded, Which risk relates to system hacking and malware attacks?, Compliance risk, Operational risk, Technology risk, Strategic risk, ERP systems improve AIS mainly by:, Eliminating accounting rules, Integrating data across departments, Reducing internal controls, Increasing manual processing, Which technology helps detect unusual transactions automatically?, Blockchain, Cloud computing, Artificial intelligence, Spreadsheet software, A key future trend in AIS is:, More paper-based accounting, Less automation, Increased use of digital and intelligent systems, Elimination of accountants

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